BroadCloud Raises $8 Million

Updated March 5, 2002 12:41 p.m. ET

BroadCloud Inc., Austin, Texas, received $8 million in second-round funding. The round was led by Austin Ventures and TL Ventures with participation from Access Ventures Partners. This brings BroadCloud's total funding to $14.7 million. The latest financing will be used to assist with operational expenses, expand European operations and for customer support. BroadCloud (www.broadcloud.com) is a provider of wireless data solutions for wireless carriers, network equipment providers and computer...